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Bitcoin (BTC) – the world’s oldest cryptocurrency – lost its bullish streak as it dipped below $21,000 after days of gains. The global crypto market cap also fell to nearly $969 billion from $999 billion yesterday. Other popular altcoins – including Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), and Ripple (XRP) – landed in the reds across the board. While the KAVA token became the biggest gainer with a 24-hour gain of over 10%, Rocket Pool (RPL) became the big loser with a 24-hour decline of over 19%.

The global crypto market capitalization stood at $969.04 billion at the time of writing, recording a 24-hour loss of 2.75%.

Bitcoin (BTC) price today

Bitcoin price stood at $20,824.77, registering a 2.14% 24-hour decline, according to CoinMarketCap. According to Indian exchange WazirX, the price of BTC stood at Rs 17.74 lakhs.

Ethereum (ETH) price today

The price of ETH stood at $1,528.66, marking a 24-hour loss of 3.46% at the time of writing. According to WazirX, the Ethereum price in India stood at Rs 1.29 lakhs.

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Dogecoin (DOGE) Price Today

DOGE was down 6.07% over 24 hours, according to data from CoinMarketCap, currently priced at $0.08139. According to WazirX, the price of Dogecoin in India was 6.96 rupees.

Litecoin (LTC) price today

Litecoin recorded a loss of 4.72% over 24 hours. As of this writing, it is trading at $83.53. The LTC price in India stood at Rs 7,000.03.

Ripple (XRP) price today

The price of XRP stood at $0.381, recording a 24-hour decline of 1.57%. According to WazirX, the Ripple price stood at Rs 32.10.

Solana (SOL) price today

Solana’s price stood at $21.66, marking a loss of 6.42% over 24 hours. According to WazirX, the price of SOL in India was Rs 1,836.

Top Crypto Gainers Today (Jan 19)

According to data from CoinMarketCap, here are the top five crypto gainers in the past 24 hours:

Kava (KAVA)

Price: $1.05
gain over 24 hours: 10.17 percent

Hedera (HBAR)

Price: $0.05562
gain over 24 hours: 1.35 percent

Fei USD (FEI)

Price: $1.01
gain over 24 hours: 1.32 percent

XDC Network (XDC)

Price: $0.02743
gain over 24 hours: 0.56 percent

Huobi Token (HT)

Price: $4.96
gain over 24 hours: 0.25 percent

Top crypto losers today (January 19)

According to data from CoinMarketCap, here are the top five losers in crypto over the past 24 hours:

Rocket Pool (RPL)

Price: $34.11
Loss of 24 hours: 19.97 percent

Loop (LRC)

Price: $0.2575
Loss of 24 hours: 9.79 percent

Shiba Inu (SHIB)

Price: $0.00001127
Loss of 24 hours: 9.64 percent

Gala (GALA)

Price: $0.04584
Loss of 24 hours: 9.16 percent

Manufacturer (MKR)

Price: $648.88
Loss of 24 hours: 8.76 percent

What Crypto Exchanges Are Saying About the Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live: “Most cryptocurrencies fell on Wednesday as the market reacted to the US crackdown on the Bitzlato exchange. Bitcoin briefly broke above its resistance at $21,480 but was unable to sustain the gains, potentially attracting some profit taking from short-term traders. However, if BTC can break above the $21,400 level, it could attract buyers and push the price above subsequent levels.

Sathvik Vishwanath, CEO and Co-Founder of Unocoin, said, “Bitcoin transaction data indicates that large holders, known as ‘whales’, are not selling their holdings during the recent Bitcoin price surge. 27% since the beginning of the year. This is seen as a positive indication that the current rally could be the start of an extended bull market.

Kunji Founder Anurag Dixit offered his view: “The Purchasing Power Index (PPI) marked at -0.5 MoM, which had a mixed impact on the financial markets. crypto market, BTC and altcoins initially rallied, however, broader stock indices like the Nasdaq and S&P 500 fell along with BTC and altcoins This retracement was expected in the crypto market , as the prolonged upward momentum had become unsustainable without any significant change in US Federal Reserve monetary policy.”

Disclaimer: Crypto products and NFTs are unregulated and can be very risky. There may be no regulatory recourse for any loss arising from such transactions. Cryptocurrency is not legal tender and is subject to market risk. Readers are advised to seek expert advice and carefully read the offering document(s) and important related material on the subject before making any type of investment. Cryptocurrency market forecasts are speculative and any investment made will be at the sole cost and risk of the readers.



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